GOLD PRICE IN JAPANESE YEN — MARCH 28, 2008
💱 XAU/JPY · Friday, March 28, 2008
On Friday, March 28, 2008, the gold spot price was C$948.37 per troy ounce in Canadian Dollars, equivalent to ¥98,914.99 JPY per ounce or ¥3,180.19 JPY per gram. Gold fell -1.63% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — MARCH 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$948.37 | C$30.49 | C$30,490.76 |
| JPY | ¥98,914.99 | ¥3,180.19 | ¥3,180,186.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$965.60 | ¥100,712.08 |
| High | C$969.27 | ¥101,094.86 |
| Low | C$939.41 | ¥97,980.46 |
| Close | C$948.37 | ¥98,914.99 |